Nicholas Grindstaff Joins Sterling Infrastructure as New CFO

Sterling's New Chapter: Nicholas Grindstaff Takes the Helm as CFO

Sterling Infrastructure, Inc., headquartered in The Woodlands, Texas, has announced a significant leadership change with the appointment of Nicholas (Nick) Grindstaff as Chief Financial Officer (CFO), effective July 10, 2025. This move signals the company's commitment to bolstering its financial leadership as it continues its expansion across various sectors within the infrastructure market.

Grindstaff steps into this critical position following the tenure of Ron Ballschmiede, who served as the CFO from November 2015 until last month. Ballschmiede's impactful leadership helped steer the company through challenges and successes over nearly a decade, but as the company pivots toward its next growth phase, the board saw the need for fresh perspectives and expertise.

With over three decades of experience in finance and corporate leadership, Grindstaff is well-equipped to handle the responsibilities that come with the CFO title. Most recently, he held the CFO position at Cinterra, a company focusing on renewable energy solutions. His background also includes significant financial leadership roles at the Orbital Infrastructure Group, Inc., which specializes in providing diversified infrastructure services. Earlier in his career, Grindstaff spent twenty years with Quanta Services, Inc., where he advanced through the ranks to roles such as Treasurer and Vice President of Finance.

Grindstaff's extensive experience has equipped him with a diverse skill set, including financial strategy, mergers and acquisitions, financial planning, investor relations, and internal controls. He holds both a Master of Science in Accounting and a Bachelor of Science in Finance from the University of Houston, indicating a strong academic foundation that solidifies his practical know-how in financial matters.

Joe Cutillo, CEO of Sterling, expressed enthusiasm over Grindstaff's appointment: "We are pleased to welcome Nick to Sterling as our new CFO. His extensive experience across diverse financial disciplines and his leadership within decentralized, entrepreneurial organizations make him an excellent fit for our culture. Nick's insight and capabilities will be invaluable as we continue to scale the company and execute on our long-term strategic objectives.”

About Sterling Infrastructure

Sterling operates through various subsidiaries in three strategic segments: E-Infrastructure, Transportation, and Building Solutions. The company focuses on projects primarily across the United States' Southern, Northeastern, Mid-Atlantic, and Rocky Mountain regions, as well as the Pacific Islands. Their E-Infrastructure Solutions encompass advanced site development services for diverse needs such as data centers, power generation, and more. In the arena of Transportation Solutions, Sterling handles significant infrastructure projects, including highways, airports, and rail systems. Lastly, their Building Solutions cater to the construction of residential and commercial foundations, exemplifying a holistic approach to infrastructure development.

Sterling's commitment to sustainability and responsible operations aligns with its mission to improve the quality of life in the communities they serve. "We build and service the infrastructure that enables our economy to run, our people to move and our country to grow," Cutillo emphasized. This vision is a testament to Sterling's role not just as a construction company but as a key player in the foundation of present and future societal infrastructure.

As Nicholas Grindstaff embarks on his journey with Sterling, the industry will be keenly watching how his expertise influences the company’s strategy and contributes to its growth trajectory amidst a dynamic economic landscape.